Coventry to merge with Stroud & Swindon

Coventry Building Society, the UK's 3rd largest building society, has announced today that it has agreed merger terms with Stroud & Swindon Building Society, the UK's 11th largest building society

The expanded society will be called Coventry Building Society and will be based in Coventry. Total membership will increase from over 1.2 million to around 1.5 million, and the overall asset size will increase from £18.4 billion to £21.1 billion.

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